Jane Street Group LLC bought a new position in Builders FirstSource, Inc. (NASDAQ:BLDR) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 51,349 shares of the company’s stock, valued at approximately $924,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Alps Advisors Inc. grew its position in Builders FirstSource by 0.3% in the 2nd quarter. Alps Advisors Inc. now owns 31,670 shares of the company’s stock worth $485,000 after purchasing an additional 82 shares in the last quarter. 1st Global Advisors Inc. grew its position in Builders FirstSource by 1.0% in the 2nd quarter. 1st Global Advisors Inc. now owns 13,694 shares of the company’s stock worth $210,000 after purchasing an additional 137 shares in the last quarter. Suntrust Banks Inc. grew its position in Builders FirstSource by 1.9% in the 2nd quarter. Suntrust Banks Inc. now owns 27,934 shares of the company’s stock worth $427,000 after purchasing an additional 515 shares in the last quarter. Wall Street Access Asset Management LLC grew its position in Builders FirstSource by 5.0% in the 2nd quarter. Wall Street Access Asset Management LLC now owns 16,800 shares of the company’s stock worth $257,000 after purchasing an additional 800 shares in the last quarter. Finally, Ameritas Investment Partners Inc. grew its position in Builders FirstSource by 17.3% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 8,495 shares of the company’s stock worth $130,000 after purchasing an additional 1,253 shares in the last quarter. Institutional investors own 94.55% of the company’s stock.

A number of equities research analysts have issued reports on the stock. Barclays upped their price objective on shares of Builders FirstSource from $15.00 to $17.00 and gave the stock an “equal weight” rating in a research report on Friday, November 10th. SunTrust Banks reaffirmed a “buy” rating and issued a $20.00 price objective on shares of Builders FirstSource in a research report on Friday, November 10th. Zacks Investment Research downgraded shares of Builders FirstSource from a “hold” rating to a “sell” rating in a research report on Monday, October 9th. B. Riley increased their target price on shares of Builders FirstSource from $20.00 to $24.00 and gave the company a “buy” rating in a research report on Friday, November 10th. Finally, ValuEngine downgraded shares of Builders FirstSource from a “strong-buy” rating to a “buy” rating in a research report on Friday, December 1st. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the stock. Builders FirstSource currently has a consensus rating of “Buy” and a consensus target price of $20.00.

In related news, CFO Peter M. Jackson sold 12,500 shares of the firm’s stock in a transaction that occurred on Friday, December 8th. The shares were sold at an average price of $20.51, for a total value of $256,375.00. Following the completion of the transaction, the chief financial officer now directly owns 26,587 shares of the company’s stock, valued at approximately $545,299.37. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Donald F. Mcaleenan sold 166,714 shares of the firm’s stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $18.16, for a total transaction of $3,027,526.24. Following the completion of the transaction, the senior vice president now directly owns 179,805 shares of the company’s stock, valued at $3,265,258.80. The disclosure for this sale can be found here. Insiders have sold a total of 377,598 shares of company stock valued at $6,950,025 over the last three months. Insiders own 14.60% of the company’s stock.

Builders FirstSource, Inc. (NASDAQ BLDR) opened at $20.04 on Thursday. Builders FirstSource, Inc. has a 52-week low of $10.56 and a 52-week high of $20.86. The firm has a market cap of $2,308.52, a P/E ratio of 19.84 and a beta of 2.15. The company has a debt-to-equity ratio of 4.46, a quick ratio of 1.06 and a current ratio of 1.86.

Builders FirstSource (NASDAQ:BLDR) last released its earnings results on Wednesday, November 8th. The company reported $0.39 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.37 by $0.02. Builders FirstSource had a net margin of 1.29% and a return on equity of 33.66%. The firm had revenue of $1.88 billion during the quarter, compared to the consensus estimate of $1.87 billion. During the same period in the prior year, the firm earned $0.61 EPS. The company’s revenue was up 7.6% compared to the same quarter last year. sell-side analysts anticipate that Builders FirstSource, Inc. will post 1.06 earnings per share for the current fiscal year.

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Builders FirstSource Company Profile

Builders FirstSource, Inc is a supplier and manufacturer of building materials, manufactured components and construction services to professional contractors, sub-contractors, remodelers and consumers. The Company’s operating segments include Northeast, Southeast, South and West. As of December 31, 2016, it operated at 400 locations in 40 states across the United States.

Institutional Ownership by Quarter for Builders FirstSource (NASDAQ:BLDR)

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